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Premiums Receivable (Tables)

9 Months Ended

Sep. 30, 2024

Credit Loss [Abstract]

Premium Receivable, Allowance for Credit Loss [Table Text Block]

Premiums Receivable and Agents' Balances
			As of September 30, 2024			As of December 31, 2023
Premiums receivable, excluding receivables for losses within a deductible and retrospectively-rated policy premiums ("loss sensitive business")			$	5,839		$	5,303
Receivables for loss sensitive business, by credit quality:
AA			90			94
A			60			54
BBB			142			136
BB			93			84
Below BB			44			45
Total receivables for loss sensitive business			429			413
Total Premiums Receivable and Agents' Balances, Gross			6,268			5,716
ACL			(117)			(109)
Total Premiums Receivable and Agents' Balances, Net of ACL			$	6,151		$	5,607

Rollforward of ACL on Premiums Receivable and Agents' Balances for the Three Months Ended
			September 30, 2024												September 30, 2023
			Receivables Excluding Receivables for Loss Sensitive Business			Receivables for Loss Sensitive Business			Total						Receivables Excluding Receivables for Loss Sensitive Business			Receivables for Loss Sensitive Business			Total
Beginning ACL			$	95		$	21		$	116					$	94		$	25		$	119
Current period provision			16			1			17						11			1			12
Current period write-offs			(17)			(1)			(18)						(14)			(1)			(15)
Current period recoveries			2			—			2						1			—			1
Ending ACL			$	96		$	21		$	117					$	92		$	25		$	117

Rollforward of ACL on Premiums Receivable and Agents' Balances for the Nine Months Ended
			September 30, 2024												September 30, 2023
			Receivables Excluding Receivables for Loss Sensitive Business			Receivables for Loss Sensitive Business			Total						Receivables Excluding Receivables for Loss Sensitive Business			Receivables for Loss Sensitive Business			Total
Beginning ACL			$	89		$	20		$	109					$	85		$	24		$	109
Current period provision			46			2			48						42			2			44
Current period write-offs			(44)			(1)			(45)						(41)			(1)			(42)
Current period recoveries			5			—			5						6			—			6
Ending ACL			$	96		$	21		$	117					$	92		$	25		$	117

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- References

No definition available.

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- Definition

Tabular disclosure of allowance for credit loss on premium receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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